Top 5 Richest Billionaires of India in 2016

Top-5-Richest billionaires in India in 2016Top 5 Richest Billionaires of India in 2016


Forbes lists every year about top and richest billionaires in the world and the richest people in India. These billionaires created wealth over a period of time. Many are working hard to retain this position year on year. Who are those top 5 richest billionaires in India? What are some unknown things about these top richest billionaires of India? What strategies they are adopting now to keep them richest in the India?

Top 5 Richest Billionaires of India in 2016


These top richest billionaires of India have been ranked by Forbes ever year. Here is the list of top 5 richet people in India, their wealth details and what they are doing now to retain this position.

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# 1 – Mukesh Ambani


  • Mukesh Ambani-Top-5-Richest billionaires in IndiaMukesh is No.1 among top 5 richest billionaires of India who has a wealth of over USD 18.9 Bn in 2016.
  • Mukesh is in 36th position among top richest billionaires in the world in 2016.
  • At the age of 59 now, he still remains top richest person in India in this position in the last few years.
  • He is the chairman of Reliance Industries whose business is focused on Petrochemicals, oil and gas.
  • He has done his Bachelor of Science in Engineering from University of Bombay. For some reason, he dropped out of studies at Stanford Univesity.
  • Mukesh Ambani Wife Nita, who sits on Reliance’s board, is involved in Jio’s marketing plan. His twins are US educated, Akash and Isha, have board seats at Reliance’s telecom and retail units.

# 2 – Dilip Sanghvi


  • Dilip Sanghvi-Top-5-Richest billionaires in IndiaDilip is No.2 among top 5 richest billionaires of India who has a wealth of over USD 18 Bn in 2016.
  • Dilip is in 44th position among top richest billionaires in the world in 2016.
  • At the age of 60 now, he still remains top richest person in India in this position in the last few years.
  • He is the named Indian Pharma Magnet of Sun Pharma Industries. 
  • He has done his Bachelor of Arts from Calcutta University.
  • Shanghvi, who has personally invested in green energy, holds a 23% stake in wind power firm Suzlon. He has received the Padma Shri, among India’s top civilian awards

# 3 – Azim Premji


  • Azim Premji-Top-5-Richest billionaires in India of 2016Azim is No.3 among top 5 richest billionaires of India who has a wealth of over USD 15.9 Bn in 2016.
  • Aziz is in 48th position among top richest billionaires in the world in 2016.
  • At the age of 70 now, he still remains top richest person in India in this position in the last few years.
  • Aziz Premji It Technology Tycoon who heads Wipro, which is India, 3rd largest Information Technology company.
  • Wipro started in 1945 as western Indian Vegetable Products to make cooking oil from peanuts by Aziz Premji father.
  • Azim Son Rishad heads Strategy and sits on board plus sees Wipro $ 100 Mn venture capital fund.
  • Wiprohas been on a buying spree, acquiring four firms in the past six months. Recently purchased Healthplan services, insurance technology services in Florida, US.

# 4 – Hinduja Family


  • Hinduja Group-Top-5-Richest billionaires in India in 2016Hinduja Family is No.4 among top 5 richest billionaires of India who has a wealth of over USD 14.8 Bn in 2016.
  • Hinduju family is from India, however currently residing in the United Kingdom.
  • Hinduja Family is in 1st position among top richest billionaires in the United Kingdom.
  • Hinduja Family is in 58th position among top richest billionaires in the United Kingdom.
  • Four brothers control Hinduja Group.
  • Their newly launched Nxt Digital, an Indian digital-television distributor, is aiming for 10 million subscribers. The brothers are planning a big push in Africa with a $1 billion investment.
  • Hinduja group is planning to list Hinduja Leyland Finance shortly.
  • Its delayed power project in Andhra Pradesh finally commenced.

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# 5 – Pallonji Mistry


  • Pallonji mistry-Top-5-Richest billionaires in India for 2016Pallanoji Mistry is No.5 among top 5 richest billionaires of India who has a wealth of over USD 14.7 Bn in 2016.
  • Pallonji Mistry is an Indian born, however, has Irish Citizenship now.
  • The Shapoorji Pallonji group is now run by older son Shapoor.
  • Pallonji Mistry is in 1st position among top richest billionaires in the Ireland.
  • Its new $ 200 Mn Joint Venture is with Stancharted Bank, IFC and Asian Development Bank venture to build 20,000 affordable homes with brand Joyvilla.
  • Mistry highest source of wealth is at 18% in Tata Sons chairmed by Mistry’s younger son. Tata Sons is the holding company of Tata Group.

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Suresh
Top 5 Richest Billionaires of India in 2016

Suresh KP

8 comments

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